QQQE vs. IQM ETF Comparison

Comparison of Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) to Franklin Intelligent Machines ETF (IQM)

QQQE

Direxion NASDAQ-100 Equal Weighted Index Shares

QQQE Description

The investment seeks investment results, before fees and expenses, that track the NASDAQ-100Â® Equal Weighted Index. The fund invests at least 80% of its assets in the equity securities that comprise the index and/or investments that have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is the equal weighted version of the NASDAQ-100 IndexÂ® which includes 100 of the largest domestic and international non-financial securities listed on The NASDAQÂ® Stock Market (the "NASDAQÂ®") based on market capitalization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$90.37

Average Daily Volume

302,858

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

IQM

Franklin Intelligent Machines ETF

IQM Description

The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of companies that are relevant to its investment theme of intelligent machines. The fund invests predominantly in common stock. Although it may invest across economic sectors, the advisor expects to have significant positions in particular sectors including technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$63.34

Average Daily Volume

2,668

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQQE	IQM
30 Days	2.64%	2.98%
60 Days	3.31%	6.13%
90 Days	2.02%	-0.02%
12 Months	22.03%	43.47%

22 Overlapping Holdings

Symbol	Grade	Weight in QQQE	Weight in IQM	Overlap
AAPL	C	1.07%	4.37%	1.07%
ADI	C	0.97%	1.83%	0.97%
ADSK	B	1.1%	1.86%	1.1%
AMAT	D	0.8%	2.77%	0.8%
AMD	C	0.93%	2.45%	0.93%
ANSS	D	0.97%	1.61%	0.97%
ASML	F	0.77%	4.16%	0.77%
AVGO	C	0.98%	2.18%	0.98%
CDNS	D	0.86%	4.05%	0.86%
CRWD	D	0.71%	0.73%	0.71%
HON	C	0.95%	0.37%	0.37%
IDXX	D	1.04%	1.31%	1.04%
ISRG	C	1.13%	5.78%	1.13%
KLAC	D	0.9%	1.61%	0.9%
LRCX	D	0.73%	1.32%	0.73%
MCHP	D	0.84%	0.39%	0.39%
NVDA	C	0.91%	12.02%	0.91%
NXPI	D	0.86%	0.87%	0.86%
ROP	C	0.99%	0.92%	0.92%
SNPS	F	0.83%	3.87%	0.83%
TSLA	C	1.25%	3.21%	1.25%
TXN	B	1.04%	0.73%	0.73%

QQQE Overweight 79 Positions Relative to IQM

Symbol	Grade	Weight
MELI	C	1.33%
FTNT	B	1.29%
ILMN	D	1.25%
MDB	D	1.24%
SBUX	C	1.22%
XEL	B	1.22%
PYPL	B	1.22%
AEP	C	1.2%
GILD	B	1.2%
WBD	D	1.19%
DASH	B	1.18%
CHTR	D	1.18%
WDAY	D	1.15%
EXC	B	1.15%
CTAS	C	1.15%
ODFL	D	1.14%
MDLZ	C	1.14%
GEHC	B	1.13%
TTD	B	1.12%
ADP	C	1.12%
TMUS	B	1.12%
CTSH	B	1.11%
META	B	1.1%
KDP	B	1.1%
FAST	C	1.09%
CCEP	C	1.09%
AMGN	D	1.09%
REGN	D	1.09%
KHC	C	1.08%
MNST	D	1.08%
CSCO	B	1.08%
LIN	B	1.07%
PEP	D	1.06%
ORLY	B	1.06%
COST	C	1.06%
PAYX	C	1.06%
BKR	C	1.06%
CMCSA	C	1.05%
CSGP	D	1.05%
PANW	D	1.04%
ON	D	1.04%
CSX	C	1.03%
NFLX	B	1.02%
EA	D	1.02%
ROST	C	1.02%
BKNG	B	1.02%
VRTX	D	1.02%
MRVL	D	1.01%
AZN	D	1.01%
INTU	D	1.01%
AMZN	C	1.0%
VRSK	D	0.99%
MAR	B	0.99%
TEAM	D	0.99%
TTWO	D	0.98%
MSFT	C	0.97%
DDOG	D	0.97%
ADBE	F	0.96%
ZS	F	0.95%
CPRT	D	0.95%
CDW	D	0.95%
FANG	F	0.94%
CEG	C	0.93%
PCAR	D	0.92%
BIIB	F	0.89%
LULU	D	0.88%
ARM	C	0.87%
ABNB	D	0.83%
QCOM	D	0.8%
GFS	F	0.77%
DLTR	F	0.72%
PDD	D	0.69%
INTC	D	0.68%
MU	D	0.63%
DXCM	F	0.6%
MRNA	F	0.53%
GOOGL	D	0.45%
GOOG	D	0.45%
SMCI	F	0.38%

QQQE Underweight 23 Positions Relative to IQM

Symbol	Grade	Weight
TSM	C	-3.95%
AXON	B	-3.94%
PWR	B	-2.42%
TER	C	-1.9%
APH	C	-1.62%
ENTG	D	-1.43%
PTC	C	-1.31%
ETN	C	-1.28%
ALTR	C	-1.14%
UBER	C	-1.06%
VMI	C	-1.06%
KEYS	B	-0.82%
PRCT	C	-0.68%
TEL	D	-0.65%
ZBRA	B	-0.52%
FSLR	C	-0.52%
VRT	C	-0.48%
ALGN	D	-0.48%
BSY	C	-0.44%
TRMB	C	-0.43%
PSTG	F	-0.39%
MPWR	B	-0.29%
SITM	B	-0.25%